Audi Q7 Abs Control Module 4l0614517l on 2040-parts.com

Victor Muller sells Spyker sports cars to CPP

Supercar maker Spyker is to be sold. Coventry-based coachbuilder CPP has announced a memorandum of understanding (MOU) to buy Spyker Cars from Spyker Cars N.V, the holding company which owns Spyker and Saab. No. Saab remains under the ownership of Dutch company Spyker Cars N.V. This sale is of Spyker, the manufacturer of flamboyantly detailed mid-engined supercars. CPP has been supplying chassis and body panels for Spyker since the brand was relaunched in 2000, and completed an agreement to handle full manufacturing of the current range in 2009 – the production of Spyker cars moved from the Netherlands to Coventry in 2010.   The MOU, valued at €32m, will mean that CPP Global Holdings Ltd will become manufacturer and owner of Spyker – €15m will be paid straight away, with the remaining €17m paid over a six year 'earn-out' period.

Meet the Kia Soul EV and Niro hybrid concept

Kia revealed three electrified cars at the Chicago Auto Show on Thursday, one concept and two that are headed for production. The Niro hybrid is Kia’s future take on a city car, while the Soul EV and new Optima hybrid will be out later this year. The Soul EV is the company’s main focus at the show, judging by our seven pages of press releases on it.

Who's Where: David Hilton appointed Head of Exterior Design for Bentley

David Hilton has been appointed Head of Exterior Design for Bentley Motors, based in the UK. The super-luxury brand – owned by the Volkswagen Group – is headed by CEO Wolfgang Durheimer, who is also in charge of Bugatti design development. US-born Hilton replaces Raul Pires in Crewe, Cheshire, after he left Bentley at the end of 2011 to join VW-owned Italdesign.